While expanding into the Chinese market via acquisitions, South Korean retail giant Lotte Mart also plans to accelerate the opening of new stores and said it plans to open 10 new outlets in China before…
The South Korean retailer, Lotte Mart, has opened its first hypermarket in Beijing at Gongyi Xiqiao.
Lotte Mart, the wholly-owned supermarket subsidiary of the Korean Lotte Group, has signed a contract with Tianjin Beichen Construction and Development Company to jointly build a hypermarket in Beichen, Tianjin.
The South Korean Lotte Group has signed a contract with Weihai Jiulong Real Estate to open a new Lotte Mart in the Weihai Economic and Technical Development Zone in Shandong.